CNBC Economy / Updates
- Kevin Warsh faces an economic 'perfect storm' as he waits to take over as Fed chair March 10, 2026Warsh faces a potential buzzsaw in the form of a Hobson's choice between fighting inflation and supporting the labor market.
- Gas prices pass $3.50 per gallon to highest level since 2024 amid U.S.-Iran war March 10, 2026Prices are up 21% from a month ago with the oil market roiled by the U.S.-Iran war.
- Fears of 1970s-style stagflation arise with oil spike to $100. How big a threat is it? March 10, 2026High inflation and slow growth present a double threat, as measures like interest rate cuts and government spending only aggravate inflation.